Use the information in the table to calculate a consumer price index (CPI) and the inflation rate. The base year is 1975. Round answers to two decimal places.
Market basket Quantity 1975 prices 1976 prices
A dozen eggs
21
$0.50
$0.90
Calculator
11
$10.50
$14.00
Microwave oven
2
$130.00
$150.00
What is the CPI for 1975?
What is the CPI for 1976?
What is the inflation rate for 1976?

Strawberry plants reproduce by

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)